Advertisement
Farmers And Merchants State Bank Of Alpha
Alpha, MN · FDIC Certificate #10571 · Chartered 08/0
Total assets
$47.39M
Total deposits
$41.17M
Total equity
$5.27M
Net loans
$30.15M
Branches (offices)
1
Net income (YTD)
$149.00K
Rank: #4,052 of 4,213 U.S. banks by assets · #204 of 221 in Minnesota. Assets changed 2.9% and deposits 2.8% over the year to June 30, 2026.
Advertisement
Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.62% |
| Return on equity | 5.70% |
| Net interest margin (YTD) | 3.61% |
| Equity to assets | 11.11% |
| Tier 1 leverage ratio | 11.15% |
| Uninsured deposits (share of deposits) | 10.6% |
| Noncurrent loans (share of loans) | 4.15% |
| Net charge-offs (share of loans) | 0.01% |
| Loans to deposits | 73.2% |
| Real estate loans (share of loans) | 62.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $18.69M | 62.0% | |
| Commercial & industrial | $3.88M | 12.9% | |
| Consumer / individual | $1.64M | 5.4% | |
| Construction & development | $1.52M | 5.0% | |
| Agricultural | $6.25M | 20.7% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $38.85M | $34.15M | $121.00K | $4.68M |
| Jun 2023 | $40.57M | $35.73M | $132.00K | $4.76M |
| Jun 2024 | $46.56M | $37.57M | $133.00K | $4.94M |
| Jun 2025 | $46.06M | $40.03M | $113.00K | $5.12M |
| Jun 2026 | $47.39M | $41.17M | $149.00K | $5.27M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $41.17M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $41.17M.
Similar-sized banks
United Bank Of Philadelphia ($48.41M) · Farmers State Bank ($47.35M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
Advertisement